Promising Solar Stocks To Watch Now - November 11th

Key Points

• MarketBeat flagged First Solar, Nextpower, and Solaris Energy Infrastructure as solar-related stocks with the highest recent dollar trading volume, though their businesses span different parts of energy.
• First Solar shares fell $0.80 to $180.19 on Wednesday; the company makes thin-film photovoltaic solar modules. Its shares remained well below their 52-week high of $320.95.
• Nextpower rose $2.25 to $102.07, while Solaris Energy Infrastructure gained $4.24 to $66.11. Notably, Solaris makes mobile systems for oil and gas well sites rather than solar equipment.

First Solar, Nextpower, and Solaris Energy Infrastructure are the three Solar stocks to watch today, according to MarketBeat's stock screener tool. Solar stocks are shares of publicly traded companies involved in the solar-energy industry, such as manufacturers of panels and inverters, project developers, and solar installers. Investors may buy them to gain exposure to the sector’s growth, but their value can be affected by energy policies, interest rates, competition, and swings in demand. These companies had the highest dollar trading volume of any Solar stocks within the last several days.

First Solar (FSLR)

First Solar, Inc., a solar technology company, provides photovoltaic (PV) solar energy solutions in the United States, France, Japan, Chile, and internationally. The company manufactures and sells PV solar modules with a thin film semiconductor technology that provides a lower-carbon alternative to conventional crystalline silicon PV solar modules.

Shares of First Solar stock traded down $0.80 during trading on Wednesday, reaching $180.19. The company's stock had a trading volume of 1,651,469 shares, compared to its average volume of 2,434,630. First Solar has a fifty-two week low of $165.86 and a fifty-two week high of $320.95. The firm has a market cap of $19.37 billion, a PE ratio of 10.41, a P/E/G ratio of 0.52 and a beta of 1.73. The company has a 50-day moving average price of $186.32 and a two-hundred day moving average price of $214.40.

Read Our Latest Research Report on FSLR

Nextpower (NXT)

Nextpower, formerly known as Nextracker, an energy solutions company, provides solar trackers and software solutions for utility-scale and distributed generation solar projects in the United States and internationally. The company offers tracking solutions, which includes NX Horizon, a solar tracking solution; and NX Horizon-XTR, a terrain-following tracker designed to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain.

NASDAQ:NXT traded up $2.25 during midday trading on Wednesday, reaching $102.07. The stock had a trading volume of 1,006,998 shares, compared to its average volume of 2,460,352. Nextpower has a 12-month low of $75.40 and a 12-month high of $163.13. The stock has a market cap of $15.37 billion, a P/E ratio of 25.68, a P/E/G ratio of 2.19 and a beta of 1.93. The firm has a fifty day simple moving average of $84.48 and a two-hundred day simple moving average of $106.72.

Read Our Latest Research Report on NXT

Solaris Energy Infrastructure (SEI)

Solaris Energy Infrastructure, Inc. is a holding company, which engages in the manufacture of patented mobile proppant management systems that unload, store, and deliver proppant to oil and natural gas well sites. Its products include Mobile Proppant and Mobile Chemical Management Systems, and Inventory Management Software.

Solaris Energy Infrastructure stock traded up $4.24 during midday trading on Wednesday, hitting $66.11. 1,063,823 shares of the stock were exchanged, compared to its average volume of 2,815,576. The firm has a market cap of $5.06 billion, a P/E ratio of 69.09 and a beta of 1.40. The company has a debt-to-equity ratio of 1.68, a current ratio of 2.10 and a quick ratio of 4.03. The company has a 50 day moving average price of $66.17 and a two-hundred day moving average price of $63.42. Solaris Energy Infrastructure has a 1 year low of $38.50 and a 1 year high of $86.19.

Read Our Latest Research Report on SEI

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